NewsSurpassed by Pinduoduo, Alibaba plans to tap WeChat for new usersAlibaba is testing a mini program called Taobao Tejiaban, according to media reports. 1 min read
China’s largest agricultural platform enables more than 12 million farmers to sell products to its more than 788 million active buyers. NewsPinduoduo has more buyers than Alibaba as company pushes ahead with agricultural focus2 mins read
Despite a financial scandal, Luckin has kept all its stores in China open and stayed in business, paying suppliers and employees. NewsLuckin Coffee to restructure debt, raise USD 250 million in equity financing2 mins read
The D2C sector saw an investment of close to USD 417 million in 2020 in India. NewsEight Roads Ventures leads a USD 12 million round in India’s D2C brand2 mins read
The loss-making Nayuki is about to score a ticker code on the Hong Kong Stock Exchange. Visual StoriesBIZ IN GRAPHICS | Nayuki brews up hip tea culture with IPO in sight4 mins read
SoftBank-backed e-commerce giant faces profitability and labor questions. InsightsAfter Coupang soars in US IPO, can it deliver for the long term?7 mins read
There were 25 million online beauty shoppers in FY2020, and Avendus estimates this number to reach 135 million by FY2025. InsightsIndian D2C beauty and personal care brands become a darling of VCs4 mins read
The grocers were penalized for selling below cost and misleading consumers. NewsChinese regulator fines firms in broad crackdown on grocery group-buying sector2 mins read
JD.com’s 2020 revenues increased 29.3% to USD 114.3 billion. NewsKEY STAT | JD.com boosts users in China’s smaller cities1 min read